Similar to its surrounding areas, it's substantially less expensive compared to the United States as a whole. Compared to the city of Charlotte, it is a lot less expensive.
Home prices
The median home price in Pinnacle is $135,400. Compared to nearby areas it is roughly $3,940 (2%) lower.Compared to the US as a whole it is about $82,100 (37%) lower, and compared to the city of Charlotte is about $84,900 (38%) lower.
Rents
Pinnacle's median rent is $821 per month. In comparison to its nearby areas it is roughly $95 (13%) higher.Compared to the entire country it is roughly $241 (22%) lower, and it is about $314 (27%) lower in comparison to the city of Charlotte.
Nearby places
King
King is about 4 miles southeast of Pinnacle. Real estate prices there are somewhat more expensive. The median home value in King is $158,000, which works out to $22,600 (14%) higher than Pinnacle. Rents there are a bit less expensive. The median rent in King is $750 a month, which works out to $71 (9%) lower than Pinnacle.
Pilot Mountain
Pilot Mountain is approximately 5 miles northwest of Pinnacle. Housing prices there are similar. Pilot Mountain's median home value is $141,500, which is $6,100 (4%) higher than Pinnacle. Its rents are somewhat less expensive. In Pilot Mountain the median monthly rent is $678, which works out to $143 (21%) lower than Pinnacle.
Tobaccoville
Tobaccoville is about 7 miles southeast of Pinnacle. Housing prices there are a little more expensive. Tobaccoville's median home price is $152,700, which works out to $17,300 (11%) higher than Pinnacle. The rent there is somewhat less expensive. In Tobaccoville the median rent is $639 a month, which works out to $182 (28%) lower than Pinnacle.
East Bend
East Bend is approximately 8 miles southwest of Pinnacle. Real estate prices there are a little less expensive. The median home in East Bend costs $120,200, which comes out to $15,200 (12%) lower than Pinnacle. Its rents are a bit less expensive. In East Bend the median rent is $761 per month, which comes out to $60 (7%) lower than Pinnacle.
Rural Hall
Rural Hall is roughly 9 miles southeast of Pinnacle. Its housing prices are somewhat less expensive. The median home in Rural Hall costs $124,300, which is $11,100 (8%) lower than Pinnacle. Its rents are fairly similar. In Rural Hall the median monthly rent is $800, which comes out to $21 (2%) lower than Pinnacle.